The family offices of today are facing unique and often underappreciated challenges in a world of complex and technology-assisted fraud. Despite not considering themselves prime targets, family offices are increasingly vulnerable, as they lack the extensive security infrastructure tha...

Family offices have traditionally been a mysterious entity in the wealth management space. Designed to preserve privacy, exclusivity, and prestige, family offices seemed destined to remain under the radar, each operating to its own unique beat. However, as wealth continues to grow across a broader s...

In the intricate world of family offices managing high-net-worth portfolios, Artificial Intelligence (AI) emerges not as a replacement but as a robust ally. AI augments human capabilities, offering precise data analysis and predictive analytics that aid in efficient decision-making. Whi...

Family offices manage a unique set of challenges. With multi-generational wealth, diverse investment strategies, and a constant need for transparency, ensuring efficient and accurate reporting becomes paramount. Traditional reporting methods often struggle to keep pace with these complex needs, lead...

One of the biggest challenges facing family offices is educating the next generation in financial literacy, governance issues, finding their inner purpose and aligning their wealth with their values. Yet despite the fact that 60% of family offices say preparing the next generation for responsible...

This week, Family Office Exchange (FOX) recognized Katherine Dunlevie, Advisory Board Member of the UHNW Institute, and Scott Peppet, President of the Chai Trust Company, LLC, as the 2024 recipient of its Community Builder Award, Inspired by Glen W. Johnson, FOX’s former President of Membership. The...

From Ohio school computers to nationwide hospital operations and Donald Trump’s presidential campaign, cyberattacks are compromising vast areas of society. Family offices are no exception, with ultra-high-net-worth individuals being a top target for criminal groups around the world. “Even though ...

Keywords: ACT, wealth management, FOX, underserved, small business, housing Imagine a small business in an underserved community that wants to grow but can’t get a loan from a traditional bank. It’s the kind of company your family office would like to support—a builder of affordable homes, a groc...

Where do SMA's stand in Q1 and Q2 2024? There is a common perception in the investment world that active managers have an advantage over passive managers during times of increased volatility, since active managers can go on the defensive, whereas passive managers have strict mandates to mimic an ...

Today’s family office plays a far more complex role than merely overseeing financial stewardship. It has evolved into the family’s primary advisor, akin to the consigliere of old, expected to possess a holistic view of the family’s world. This encompasses navigating daily life, educating family memb...